Research & Development in Life Sciences
The Life Sciences sector has never played a more important role in solving real-world challenges. This rapidly growing and highly technical industry is constantly transforming the quality of human life through innovations like telemedicine, drug discovery, cell and gene therapy, clinical trials improvements, and more. Advanced technologies such as artificial intelligence (AI), big data analytics, and robotics have also impacted the innovation landscape in this sector.
Many companies in the life sciences and biotech industries are unaware that their day-to-day operations can qualify for dollar-for-dollar tax savings through the Research and Development (R&D) Tax Credit.